Leggett & Platt (LEG) EVP awarded additional common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SMITH ROBERT S JR reported acquisition or exercise transactions in this Form 4 filing.
LEGGETT & PLATT INC executive Robert S. Smith Jr., EVP and President of the Specialized and FF&T segment, reported routine equity compensation awards of common stock. He received 120.6277 shares at $8.2365 per share and 218.3062 shares at $7.7520 per share. Following these two grant awards, he directly holds 147,573.8232 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SMITH ROBERT S JR
Role
EVP, Pres. - Spec. and FF&T
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 120.628 | $8.2365 | $993.55 |
| Grant/Award | Common Stock | 218.306 | $7.752 | $2K |
Holdings After Transaction:
Common Stock — 147,355.517 shares (Direct)
Footnotes (1)
Key Figures
First stock grant: 120.6277 shares at $8.2365/share
Second stock grant: 218.3062 shares at $7.7520/share
Total direct holdings after grants: 147,573.8232 shares
3 metrics
First stock grant
120.6277 shares at $8.2365/share
Common Stock award on 2026-04-02
Second stock grant
218.3062 shares at $7.7520/share
Common Stock award on 2026-04-02
Total direct holdings after grants
147,573.8232 shares
Common Stock directly owned after second transaction
Key Terms
Grant, award, or other acquisition, Common Stock, non-derivative, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
""transaction_type": "non-derivative""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did LEG executive Robert S. Smith Jr. report in this Form 4 for LEG?
Robert S. Smith Jr. reported two acquisitions of LEGGETT & PLATT common stock as compensation awards. Both transactions are coded as grants (A), indicating non-market, equity-based awards rather than open-market purchases or sales.
What prices are associated with the LEG common stock awards to Robert S. Smith Jr.?
The reported grant prices are $8.2365 per share for 120.6277 shares and $7.7520 per share for 218.3062 shares. These figures typically reflect the grant-date fair value for accounting and disclosure purposes.
Were the LEG Form 4 transactions by Robert S. Smith Jr. open-market buys or sells?
No. Both transactions are coded “A” for grant, award, or other acquisition. This means they are compensation-related stock awards, not open-market purchases or sales, and therefore do not represent discretionary trading activity.
What role does Robert S. Smith Jr. hold at LEGGETT & PLATT (LEG)?
He is an executive officer serving as Executive Vice President and President of the Specialized and FF&T segment. The reported Form 4 transactions reflect stock awards tied to this leadership role within the company.